Merchandise Assortment Management Applications Market Size will Grow at a Robust Pace through 2025

Nowadays, retailers have to emphasize more on customer satisfaction in order to top the sale and merchandise requirements. However, this is becoming harder day by day due to change in the customer needs as the number of product choices and channels, and changing market conditions are keep on fluctuating.

The purpose behind the introduction of Merchandise Assortment Management Applications is to assist the retailers to understand the customers need and to take particular actions to meet the same. The application generally links the customer buying and assortment decisions to manage the merchandise priorities, the monetary targets and space limitation. This helps in understanding the buyer’s choice of items, a brief to help integrate the performance according to the merchandise plans, identifying the future planning criteria, comparing the actual performance with the standards and in-season and out-season forecast for maximum customer response.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/toc/17956

Merchandise Assortment Management Applications Market: Drivers and Challenges

One of the major drivers is the increase in the number of retailers and customer’s demands. The other main reason is the increase in the use of cloud, big data, advanced analytics and algorithmic approaches to improve retail performance.

The major challenge is the never ending technology to track the specific solution and establishing planning is going to be difficult day by day. Moreover, the customers are always unpredictable.

Merchandise Assortment Management Applications Market: Segmentation

On the basis of deployment type, the Merchandise Assortment Management Applications Market is segmented into Cloud, mobile, social and big data. On the basis of service, the market is segmented into pre-season planning and in-season planning. Based on the end users, the Merchandise Assortment Management Applications Market is segmented into manufacturing and retail.

Merchandise Assortment Management Applications Market: Regional Outlook

Presently, North America, Western Europe, and Asia/Pacific are leading the market due to growing one demand from Tier 1 retailers (well know retailers in their field or market). Moreover, on the basis of geography, the Merchandise Assortment Management Applications market is segmented into North America, Europe, Middle East and Africa, Asia-Pacific and Latin America.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/toc/17956

Key Market Players:

Some of the key players in Merchandise Assortment Management Applications includes SAS Institute Inc., JDA Software Group, Inc., TXT e-solutions S.p.A., Oracle, JustEnough, Island Pacific, Infor, 7thonline. Inc., Logility and The Nielsen Company (US), LLC.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.